Question

multiple choice question a(n) ______ is the uncompensated cost of an activity that is imposed on a third party. social cost negative externality opportunity cost positive externality

Explanation:

A negative externality is defined as an uncompensated cost from an activity that falls on a third party not involved in the original transaction. Social cost includes private plus external costs, opportunity cost is the value of the next best alternative, and positive externality is an uncompensated benefit to a third party.

Answer:

C. negative externality